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Palau, All Areas
Overview

Palau, All AreasOfficial Name: Republic of Palau.

Location: Palau is in Oceania, and consists of a group of islands in the North Pacific Ocean, southeast of the Philippines.

Climate: Tropical; hot and humid; wet season May to November.

Terrain: Varying geologically from the high, mountainous main island of Babelthuap to low, coral islands usually fringed by large barrier reefs.

Major Languages: Palauan, English.

Major Religions: Christianity, Modekngei (indigenous belief).

Population: 0.021 Mil (2013 est.).

Economy: The economy of Palau consists primarily of tourism, subsistence agriculture, and fishing. Tourist activity focuses on scuba diving and snorkelling in the islands' rich marine environment, including its barrier reefs walls and World War II wrecks. The government is the major employer of the work force, relying heavily on financial assistance from the US.

Currency: US Dollar (USD)

Inflation: 2% (2013 est.).


Cost Of Living

The cost of living for expatriates in Palau is low in comparison to other places in the world.


In Palau, the cost of each basket, based on each baskets cost of living index (only available to subscribers), is categorized follows:
1) Alcohol (where available) & Tobacco: Average
2) Clothing: Low
3) Communication: Low
4) Education: Low
5) Furniture & Appliances: High
6) Groceries: Low
7) Healthcare: Very Low
8) Household Accommodation: High
9) Miscellaneous: Low
10) Personal Care: Low
11) Recreation & Culture: Average
12) Restaurants Meals Out and Hotels: Low
13) Transport: Very Low

Palau is ranked as a extreme hardship location.


Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered.

Reference
The information on this page is updated quarterly using data collected over the previous 12 months. Premium data such as the cost of living indexes for all 13 baskets for each location, hardship premiums and salary comparisons are only available to registered users using the Mobility Calculators.

Published by Xpatulator.com on 1 July 2014.

Want to know more about the cost of living in Palau? Calculate how much you need to earn in Palau to have the same spending power that you have now. To get started, Register, subscribe to the locations you are interested in (7 days or 1 year), and run any of the following calculators, as many times as you like, for the duration of your subscription:

Salary Purchasing Power Parity Calculator: For the calculation of salaries with equivalent purchasing power for similar positions based in different geographic locations.

Cost of Living Allowance Calculator: For calculating cost of living allowances for short-term assignments.

Cost of living Index Calculator: For the calculation of multiple host location cost of living indexes using your selected home base.

International Assignment Management Calculator: For the calculation of an expatriate assignment package using the build-up approach.


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